The Labor Department is reporting that the U.S. labor market in April, shed 20.5 million workers from nonfarm payrolls.
Wood Markets News
FEA’s Weekly Order Survey – Dealers Continue to Report Steady Sales in the First Week of May
Many dealers are reporting that their first week of May sales are remaining slow but steady, very similar to where April sales left off.
Wildfires Force Evacuations and Partial Closure of I-10 in Florida Panhandle
The Florida Forest Service is reporting that high winds and low humidity has taken a prescribed burn and turned into a fast moving wildfire.
Construction Industry Insight in a Post COVID-19 World
Ramzi Jreidini. CEO of Handiss, shares his insight into how the construction industry will be impacted by the COVID-19 pandemic and what AEC professionals can do to lower its impact.
Supply Chain Disruption, Just Another Challenge for Construction in the COVID-19 World
The COVID-19 pandemic has sparked many changes at jobsites.
Mortgage Rates Tick Higher, After Reaching All Time Low
The PMMS shows that 30-year fixed-mortgage rate averaged 3.26% with an average 0.7 point up from last week when it averaged 3.23%.
Housing Affordability Drops in First Quarter of 2020 Due to Economic Losses from the COVID-19 Pandemic
According to the National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI), rising job losses in March, due […]
Weekly Jobless Claims Rise Another 3.839 Million for Week Ending May 2nd
An additional 3.169 million Americans made their initial filing for unemployment benefits during the week ending on Saturday, May 2nd.
B.C.’s Forest Minister, Doug Donaldson Discusses Impact of COVID-19 on Beleaguered B.C. Forest Industry
In an interview with NL Newsday, British Columbia’s Forests Minister, Doug Donaldson, discussed the more than two dozen sawmills in B.C. that have had to curtail or shut down operations as a result of the COVID-19 pandemic.
Time Spent Searching for a Home Continues to Grow
Up until the onset of the COVID-19 pandemic (mid-March) home purchases for the first quarter of 2020 were on the upswing.